You have been appointed as the General Manager of a large scale manufacturing unit. The unit primarily relies on the manual activities which results in massive labor cost. This has turned the once thriving business unit into a cash-strapped unit and has made it unable to remain competitive in the long run. Upon observing the situation, you have found that the situation is not sustainable anymore and the firm will face dramatic crisis if no action is taken. In this regard, you have decided to automate the system which can save massive labor cost. However, you are well aware of the fact that this may result in loss of jobs for a substantial number of employees which may in turn result in resistance to the change. Q1 How will you deal with the situation?
You have been appointed as the General Manager of a large scale manufacturing unit. The unit primarily relies on the manual activities which results in massive labor cost. This has turned the once thriving business unit into a cash-strapped unit and has made it unable to remain competitive in the long run. Upon observing the situation, you have found that the situation is not sustainable anymore and the firm will face dramatic crisis if no action is taken. In this regard, you have decided to automate the system which can save massive labor cost. However, you are well aware of the fact that this may result in loss of jobs for a substantial number of employees which may in turn result in resistance to the change. Q1 How will you deal with the situation?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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You have been appointed as the General Manager of a large scale manufacturing unit. The unit primarily relies on the manual activities which results in massive labor cost. This has turned the once thriving business unit into a cash-strapped unit and has made it unable to remain competitive in the long run. Upon observing the situation, you have found that the situation is not sustainable anymore and the firm will face dramatic crisis if no action is taken. In this regard, you have decided to automate the system which can save massive labor cost. However, you are well aware of the fact that this may result in loss of jobs for a substantial number of employees which may in turn result in resistance to the change.
Q1 How will you deal with the situation?
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